Mkulukuta Moyo Heritage

27/04/2026

Since his appointment as a Finance Minister by His Excellency Professor Arthur Peter Mutharika , Hon Joseph Mathyola Mwanamvekha has been working tirelessly in identifying strategies to fix the rotten inherited economy from the previous regime .

His Excellency Professor Arthur Peter Mutharika internationally appointed an economic veteran to spearhead a national fight of recovering the economy which went off-track by amateurs in the previous leadership .

Recently , Hon Mwanamvekha and his team were in Washington DC attending Spring Meetings which included hosting strategic discussions with the World Bank and International Monetary Fund .

The good news is that , the World Bank has initially unlocked $80 million which will be trickled to emmergency economic areas needing urgent cushioning. The world Bank has promised to release another grant to Malawi in excess of $100 million .

We thank His Excellency Professor Arthur Peter Mutharika for appointing competent cabinet ministers who are able to deliver the desired results .

# Bless APM!
# bless you Malawi!

25/04/2026

SIX MONTHS OF FOCUSED REFORM: HOW JOSEPH MWANAMVEKA IS RESETTING MALAWI’S ECONOMIC DIRECTION, UNDER MUTHARIKA LEADERSHIP.

In just half a year, Joseph Mwanamveka under the leadership of President Professor Arthur Peter Mutharika has quietly but decisively repositioned Malawi’s economic policy trajectory. Assuming office during a period marked by foreign exchange shortages, elevated debt levels, and subdued growth, he has prioritised stabilisation while laying a foundation for recovery.

His leadership is reflected in the K11 trillion 2026 national budget, which targets productive sectors such as agriculture, mining, tourism, and manufacturing. Growth projections suggest a modest rebound from about 2.7% in 2025 to approximately 3.8% in 2026, supported by renewed engagement with international financial institutions to unlock forex inflows and ease supply constraints affecting the economy.

Equally significant has been his push for fiscal discipline and expenditure control within government. Mwanamveka has overseen measures to streamline public administration, including the reduction in the number of Principal Secretaries from 62 to 38 alongside broader austerity interventions aimed at cutting government expenditure.

Efforts to eliminate ghost workers, recover over K250 billion in outstanding public loans, and strengthen accountability in public funds further underscore a commitment to prudent financial management. At the same time, he has taken steps to manage structural pressures such as the K1.2 trillion fuel-related debt burden, while avoiding abrupt currency devaluation in favour of long-term stability.

Taken together, these actions point to a deliberate, reform-driven approach focused on restoring confidence, controlling expenditure, and positioning Malawi for sustainable economic recovery.

APM knows how to place people in different portfolios.

25/04/2026